There is a provision in law that claims cannot be denied, unless there is patent fraud, after 3 years. This means that if the discrepancies in your health status are minor, then claims will be paid once 3 years are over. If the discrepancies are significant, the insurer could contest your claim
How do I get refund for policies that were mis-sold to me? Read More »
Earlier, Max Financial Services Limited (MFSL) held a 72.52% stake in Max Life and MSI had 25.48% stake
Understand the difference between term insurance and life insurance here in this article to know which type of insurance plan fulfils your requirements.
Difference Between Term Insurance and Life Insurance Read More »
The total amount of compensation released to states and Union Territories so far this financial year is Rs 1.16 lakh crore
Centre releases Rs 17,000 crore GST compensation to states for April-June Read More »
IRDAI considers the claims settlement ratio as a trustworthy metric in public disclosures. This ratio aids in deciding whether or not the life insurer and the insurance policy are the best options for you.
Here are the definition, calculations, and implications of a life insurance claims settlement ratio for your life insurance policy.
How Important is Claims Settlement Ratio in a Life Insurance Policy? Read More »
Niva Bupa Safeguard is an add-on to various health insurance plans from Niva Bupa, that can make the plan more beneficial to the insured. Safeguard is a rider that can only be endorsed with the Base Plan; it cannot be purchased independently or as a separate item. Only claims made within India throughout the Policy
Niva Bupa Safeguard Benefits Read More »
This adds another level of validation while issuing professional indemnity insurance covers to medical practitioners and in the future may also be useful in building network hospitals for healthcare.
Irdai asks insurers to leverage professional registry when issuing indemnity cover Read More »
Max Life Monthly Income Advantage Plan helps to ensure that you aren’t hard-pressed to meet these commitments in the future & your family remains financially secure, even in your absence.
Max Life Monthly Income Advantage Plan Read More »
Experts believe that all insurance products covering mental health will help remove the stigma around it and positively influence the health-seeking behaviour of patients
Mental health under insurance coverage: How it may help break the taboo Read More »
We bring you some of the best health insurance plans in India for the upcoming year 2023. The list of the top health insurance policy accessible in India in 2023is provided to you in this article.
Best Health Insurance Policies In India in 2023 Read More »
